Fidelity Government Income Fund Manager Performance Evaluation
| FGOVX Fund | USD 9.20 0.02 0.22% |
The fund shows a Beta (market volatility) of -0.1, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fidelity Government are expected to decrease at a much lower rate. During the bear market, Fidelity Government is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Fidelity Government Income has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Fidelity Government is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 29th of October 2022 | |
| Expense Ratio | 0.4400 |
Fidelity |
Fidelity Government Relative Risk vs. Return Landscape
If you would invest 932.00 in Fidelity Government Income on September 3, 2024 and sell it today you would lose (12.00) from holding Fidelity Government Income or give up 1.29% of portfolio value over 90 days. Fidelity Government Income is currently producing negative expected returns and takes up 0.3143% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Fidelity, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Fidelity Government Current Valuation
Overvalued
Today
Please note that Fidelity Government's price fluctuation is very steady at this time. At this time, the entity appears to be overvalued. Fidelity Government shows a prevailing Real Value of $8.71 per share. The current price of the fund is $9.2. We determine the value of Fidelity Government from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since Fidelity Government is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Fidelity Mutual Fund. However, Fidelity Government's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 9.2 | Real 8.71 | Hype 9.2 | Naive 9.24 |
The intrinsic value of Fidelity Government's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Fidelity Government's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Fidelity Government Income helps investors to forecast how Fidelity mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Fidelity Government more accurately as focusing exclusively on Fidelity Government's fundamentals will not take into account other important factors: Fidelity Government Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fidelity Government's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Fidelity Government Income, and traders can use it to determine the average amount a Fidelity Government's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0629
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FGOVX |
Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fidelity Government is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fidelity Government by adding Fidelity Government to a well-diversified portfolio.
Fidelity Government Fundamentals Growth
Fidelity Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Fidelity Government, and Fidelity Government fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Fidelity Mutual Fund performance.
| Total Asset | 1.61 B | |||
About Fidelity Government Performance
Evaluating Fidelity Government's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Fidelity Government has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Fidelity Government has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund normally invests at least 80 percent of assets in U.S. government securities and repurchase agreements for those securities. It invests in U.S. government securities issued by entities that are chartered or sponsored by Congress but whose securities are neither issued nor guaranteed by the U.S. Treasury. The fund invests in instruments related to U.S. government securities. It allocates assets across different market sectors and maturities.Things to note about Fidelity Government performance evaluation
Checking the ongoing alerts about Fidelity Government for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Fidelity Government help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Fidelity Government generated a negative expected return over the last 90 days | |
| Fidelity Government generated five year return of -1.0% | |
| This fund retains most of the assets under management (AUM) in different types of exotic instruments. |
- Analyzing Fidelity Government's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Fidelity Government's stock is overvalued or undervalued compared to its peers.
- Examining Fidelity Government's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Fidelity Government's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fidelity Government's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Fidelity Government's mutual fund. These opinions can provide insight into Fidelity Government's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Fidelity Mutual Fund
Fidelity Government financial ratios help investors to determine whether Fidelity Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity Government security.
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